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Dialogue of Interstate Associations: Convergence of Economic Potentials and Deepening Trade and Economic Cooperation

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Over the past decades, the active development of integration processes in the world has allowed to form a significant horizon of efficient regional solutions to improve the sustainability and competitiveness of economies, as well as to overcome both internal and external challenges. The integration agendas of the associations are primarily focused on improving the welfare of citizens and maximizing the comfort of doing business. At the same time, each regional structure has its own unique integration experience in achieving these goals. The EAEU has formalized the dialogue with key regional structures including the SCO, CIS, ASEAN, CICA, MERCOSUR, Pacific Alliance, Andean Community of Nations, SELA, SIECA, African Union and COMESA. Working contacts have been established with the ACD, IORA, ECO and ECCAS which in the future may become the basis for establishing economic relations. Dialogue with BRICS is being developed through the participation of the EEC and EAEU representatives in the events on the agenda of this interstate association. At the Forum, representatives of key interstate associations will be able to share their best integration practices, to discuss the issues of strengthening trade and economic cooperation, including through the introduction of digital developments and innovative approaches, and to identify mechanisms of solving the topical economic issues, in particular those included in the UN Agenda 2030. Matters for discussion: how interstate cooperation can contribute to sustainable development and stabilization of the global economy; what prospects for business appear due to the cooperation between integration structures; what is necessary to implement joint cooperation in the industrial field; how the implementation of digital technologies could contribute to overcoming logistical difficulties and facilitating mutual trade between members of various regional and interstate associations.

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